Oireachtas Joint and Select Committees
Wednesday, 10 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ms Mary O'Dea:
Well, one of the priorities when I became acting chief executive was to investigate very thoroughly the issues which had arisen, some of which were in the public domain at that time and others of which we were aware of. So, I sent a team into Anglo to do that. We seconded officers because we needed people with special forensic skills and we seconded them in and sent them in immediately. I was surprised at the attitude that Anglo took in relation to those inspections. For example, at all of the inspectors' meetings, initially, there were stenographers and I'd been a long time around supervision and I'd never come across somebody having a stenographer at an inspection meeting and it slowed the process quite a bit for us.
There was also a lot of claims of legal privilege, which of course people are entitled to do, over documents. But it seemed to us that they were, they were very frequent and they were very much slowing the process. And we believed that it was in the best interests of the country to have these issues investigated thoroughly in a speedy fashion. And-----